The above is the time period for listed companies to publish financial statements. Generally speaking, listed companies will disclose financial statements within a specified time period, because according to relevant regulations, if they fail to disclose financial statements within the corresponding time period, listed companies will face the punishment of the exchange, that is, the company's shares and its derivative financial instruments will face the risk of suspension, and at the same time, they will publicly condemn the company and related personnel. Finally, investors are advised to compare all kinds of information when making investment analysis.
Annual reports of listed companies are generally released at the same time as quarterly reports. The reasons and basis for releasing this version are as follows:
1. As a listed company, they are doing annual work and summarizing. Need a lot of information and content, including the financial statements of the year and other related information. When releasing these materials, we must first ensure the reliability and authenticity of the disclosed materials. Secondly, you need to check whether there is any information missing or error. Only when there are no mistakes will the annual report be published.
2. The Association also takes these influences into consideration, in order to give listed companies enough time to prepare and sort out, so that investors can get a safe, true and reliable information for reference. Choose companies with high performance to invest.
3. The annual report of listed companies needs to be compiled within 4 months after the end of each fiscal year (also 1 month to April), so the release time coincides with the quarterly report.
4. There are many listed companies here because of poor management or performance below expectations. Such listed companies will deliberately apply for delaying the publication of annual reports.